, state government and local government. we want to see it in the private sector, that's where the private sector is worried. this is where people go to work every day. that's where they are hoseitant. they are looking that the government has to stop spending because, a big part of our increased spending is payment off the debt. people know that's going to continue to hurt families. >> eric: do you think we can pay off the debt? >> it's a matter -- let's say the proposal that speaker boehner has said we want to deal with with the entitlements and the deductions. you can have, whatever tax rate you want, but if you can deduct and end up with a low tax rate, i think it's a reasonable thing to say, look, we recognize the loopholes loopholes and deductions here, we ought to close that off. not the charitable deduction it's. >> eric: house mortgages. a lotted of people rely on deducting the mortgage. do you think there should be a limit. >> it could be an annual cp cap. so if you have twoo threer homes, you can't deduct that. you